Chilau Foods

Bold Southern Flavors, Effortless Cooking, Better for you!

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Security Type
CAFES
Categories
Financial Services, Food & Beverage, Consumer Goods & Products, Retail
Min Investment
$100
Location
Orlando, FL
Expected Close Date
April 29, 2024
Target Raise
$50.00K-$1.00M
No. Investors
199
Security Price
$1
Website
chilaufoods.com
Number of Employees
1
Cash
$12,216
Revenue
$146,779
Short Term Debt
$89,292
Cost of Goods
$221,603
Long Term Debt
$203,261
Net Income
$-95,260

Key Deal Facts

Oct 2023 Retail Launch: Already in 370+ Stores Nationwide
$50K Launch Revenue with Consistent Repeat Sales
Expanding Retailer Interest Pipeline for 2024
Served 20K+ Customers Online Successfully
Over 1000 Five-Star Reviews and Counting
2023 Specialty Food Association 'On Trend Product' Award
2023/2024 KeHE Distributors 'On Trend Product' Finalist
Engaged Customer Base Urging Top Retailers Nationwide to Stock Our Products

Management Team / Advisory Board Bios

Michael Anderson Founder & CEOI'm Michael Anderson, the founder and driving force behind Chilau Foods. My love for family, southern cuisine, and the cooking traditions of my gramma's kitchen fuels my passion. With unwavering determination and a vision to share the flavors of my southern heritage, I embarked on a journey to create a brand that celebrates bold Southern tastes and the joy of effortless cooking. My commitment to excellence and a deep-rooted connection to the food I love have led me here, ready to share Chilau with the world. Join us on this flavorful adventure as we redefine Southern-inspired cooking, one delicious dish at a time.
Amount Raised : $108,275
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Security Description

A CAFES (Contract and Future Equity Stake) can convert into different types of equity upon a Triggering Event, such as: common or preferred stock for a corporation, limited partnership interest for a limited partnership and membership interest for a limited liability company. At the time of the Triggering Event, the specific rights and limitations associated with the equity stake being issued to the investors will be determined and disclosed by the Entrepreneur.

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